17,779 SPDR Bloomberg Convertible Securities ETF $CWB Shares Sold by William Mack & Associates Inc.

William Mack & Associates Inc. cut its holdings in SPDR Bloomberg Convertible Securities ETF (NYSEARCA:CWB) by 14.9% during the third quarter, HoldingsChannel reports. The firm owned 101,851 shares of the exchange traded fund’s stock after selling 17,779 shares during the period. SPDR Bloomberg Convertible Securities ETF comprises about 3.3% of William Mack & Associates Inc.’s investment portfolio, making the stock its 6th biggest holding. William Mack & Associates Inc.’s holdings in SPDR Bloomberg Convertible Securities ETF were worth $10,305,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Oppenheimer & Co. Inc. purchased a new stake in shares of SPDR Bloomberg Convertible Securities ETF in the third quarter valued at about $13,062,000. Aegis Wealth Management Inc. grew its holdings in shares of SPDR Bloomberg Convertible Securities ETF by 8.3% during the third quarter. Aegis Wealth Management Inc. now owns 131,985 shares of the exchange traded fund’s stock worth $13,354,000 after buying an additional 10,102 shares during the last quarter. Patton Albertson Miller Group LLC purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $202,000. Sigma Planning Corp purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $1,048,000. Finally, Citizens Financial Group Inc. RI purchased a new position in shares of SPDR Bloomberg Convertible Securities ETF during the third quarter worth about $234,000.

SPDR Bloomberg Convertible Securities ETF Stock Performance

Shares of CWB stock opened at $96.32 on Wednesday. SPDR Bloomberg Convertible Securities ETF has a 52-week low of $85.37 and a 52-week high of $112.02. The stock’s 50-day moving average price is $100.86 and its 200 day moving average price is $100.06.

SPDR Bloomberg Convertible Securities ETF Company Profile

SPDR Barclays Convertible Securities ETF, formerly SPDR Barclays Capital Convertible Securities ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of an index that tracks United States convertible securities. In seeking to track the performance of the Barclays Capital U.S. Convertible Bond >$500MM Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.